We’ve known ransomware costs for a small- to medium-sized business can be $99,000, per Kapersky Labs. This includes lost business data, productivity and perhaps trade secrets or proprietary information, as well as increased spending on IT security.

A new Vanson Bourne survey, sponsored by SentinelOne of 500 cybersecurity decision makers reveals that recovery from a ransomware infection takes 33 employee hours. Suffering this potential consequence were the 48% of organizations that reported being subjected to at least one ransomware attack during the last 12 months. Ouch… More than one a year?

The latest high-profile victim which was made public (often a company will do its best to hide such a breach) is San Francisco Municipal Transportation Agency.

The hacker – using a Russian email address demanded $73,000 and due to infections on the machines processing payments, riders were able to ride trains without paying.

Obviously this was a very expensive attack – it is unknown how much revenue was lost as a result. To learn more, we reached out to Paul Rose of the SFMTA who was not immediately available for comment.

We’ve known ransomware costs for a small- to medium-sized business can be \$99,000, per Kapersky Labs. This includes lost business data, productivity and perhaps trade secrets or proprietary information, as well as increased spending on IT security.

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A new Vanson Bourne survey, sponsored by SentinelOne of 500 cybersecurity decision makers reveals that recovery from a ransomware infection takes 33 employee hours. Suffering this potential consequence were the 48% of organizations that reported being subjected to at least one ransomware attack during the last 12 months. Ouch… More than one a year?

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The latest high-profile victim which was made public (often a company will do its best to hide such a breach) is San Francisco Municipal Transportation Agency.

\n

The hacker – using a Russian email address demanded \$73,000 and due to infections on the machines processing payments, riders were able to ride trains without paying.

\n

Obviously this was a very expensive attack – it is unknown how much revenue was lost as a result. To learn more, we reached out to Paul Rose of the SFMTA who was not immediately available for comment.